Profit including vendors wage – working approximately 20 – 25 hours per week
Profit – $50,000 2020 FY
Profit – $80,000 2019 FY
This is a niche & unique opportunity to purchase a business that sells and hires mannequins, racks and other storage and display equipment.
Recently the business underwent some changes including;
Moved to a new premises with only $815 rent per month (inc. insurance).
Figures have majorly turned around since restrictions lifted
Still lots of stock to handle all kinds of hire jobs
Van has been registered for another year until February 2022
Great potential in many areas:
2nd hand and sales market (something the current owner doesn’t have time to do)
Approaches to Film and TV Industry
Hiring to weekend markets, fairs and festivals (become a preferred supplier)
Expand into more purchases – Sell to major department stores etc
* Very niches business
* Established 1982
* Hugely diversified client base across many industries including fashion shows, movies, Olympic uniform displays etc
* Minimal amount of time spent working in the business (20-25 hours per week.)
* Very steady business model with good cashflow
* Excellent profit margin
* Not much to do other than take orders, deliver and pick up
$34,000 Value of websites, domain names, social media sites, intellectual property and phone number
$20,000 Goodwill. 30+ years of continuous trading. (Current owner since 2014) Business reputation and potential future growth as the economy recovers from Covid
The vendor will offer the right buyer handover and training period.